The filing of a Request for Arbitration in an ICSID arbitration implies an obligation for the parties to pay several costs needed for the arbitral proceedings. In addition to the legal fees for the parties’ legal representation, and additional party costs such as the cost of experts, and the payment of a non-refundable lodging fee […]
Should an International Arbitration for a Small Claim Even Be Commenced?
Should an international arbitration for a small claim, for instance an amount in dispute of less than USD 50,000, even be commenced? This is a recurring question asked by clients with small claims who wonder if it is worthwhile to commence arbitration proceedings and to incur additional costs in order to recover small amounts. Claimants […]
Aceris Law Wins Trophy for Best International Law Firm (Trophée de Droit)
On 31 January 2019, Aceris Law won another prize, the prestigious Trophée de Droit – Argent, for best international law firm. The Trophée de Droit is a legal prize selected by members of juries, based on research by the French legal magazine Décideurs, information regarding recent case outcomes and an oral presentation to a jury […]
SIAC Arbitration Costs
When initiating a SIAC arbitration, some of the basic questions most claimants ask are how much a SIAC arbitration costs, when payments are due and whether the costs can be recovered from the opposing party. What Are the Heads of Costs in a SIAC Arbitration? The costs of an arbitration are usually divided into four main groups: (i) fees and costs of […]
Aceris Achieves American Clients’ Objectives in ICDR Arbitration
Aceris Law has again achieved the outcome sought by its clients, this time in an ICDR arbitration between European claimants and Aceris’ American clients. The ICDR arbitration, initiated by European claimants represented by a large corporate firm, were brought against Aceris’ clients and concerned claims of fraudulent misrepresentation, fraud in the inducement, negligent misrepresentation and unjust […]